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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 21, 2014



Title: How should a nongovernment not-for-profit organization generally report increase
Post by: goji.go on Oct 21, 2014
How should a nongovernment not-for-profit organization generally report increases in the fair value of marketable debt securities in its statement of activities?
A.   Such increases in fair value should not be reported because debt securities are reported at amortized cost.
B.   As an increase in restricted net assets
C.   As an increase in temporarily restricted net assets
D.   As an increase in unrestricted net assets, unless restricted by donor stipulation or law


Title: Re: How should a nongovernment not-for-profit organization generally report increase
Post by: f_zah1 on Oct 22, 2014
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